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eat fresh. >> jon: welcome back. my guest tonight professor at new york university's stern school of business, his new book which he coauthored is called "guaranteed to fail fannie mae, freddie mac and the debacle of mortgage finance." please welcome to the program matthew richardson. sir -- [cheers and applause] thanks for being here. >> feels good to be here. >> jon: the book is called guaranteed to fail. it feels like they haven't gotten a tremendous amount of attention as far as our entire mortgage debacle and crashing of the echmm. [laughter] what is your feeling -- are they primarily responsible for this collapse? partially? >> yes. i think there should be tremendous outrage at the mortgage finance system. fannie and freddie were smack in the middle of this. you took the two firms with public government backing. they went from just a little bitty players in the early 1980's to at the time of the crisis they owned 50% of mortgage market, $5 trillion of mortgage debt at risk with little capital underneath it and
eat fresh. >> jon: welcome back. my guest tonight professor at new york university's stern school of business, his new book which he coauthored is called "guaranteed to fail fannie mae, freddie mac and the debacle of mortgage finance." please welcome to the program matthew richardson. sir -- [cheers and applause] thanks for being here. >> feels good to be here. >> jon: the book is called guaranteed to fail. it feels like they haven't gotten a tremendous amount of...
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Jul 23, 2011
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[laughter] >> jon: all right. i just popped in here. i'm not exactly sure what the story is going on here, all the hubbub about the migraines and anything, but did i miss a larger previous issue or michele bachmann came out in favor of slavery? but, of course, my favorite, favorite one happened in the heat of a conversation. see if you can catch the statement of clarification that probably won't do fox news psychaiatrist and part-time lex luther impersonator keith ablow any good. >> i'm not sure if you see a little girl as her breasts being sexual that that doesn't reflect more on you. >> i assure you i'm not a pedophile at all. >> jon: at all. nailed it. we'll be right back. [ male announcer ] introducing mgd 64 lemonade. 64 calories of beer with a refreshing lemonade twist. because the best kind of lemonade, is beer lemonade. new mgd 64 lemonade. refreshingly light. >> jon: welcome back my guest tonight, he's a writer. his new book is called the president and the as assassin: mckinley empire at the dawn of the century." please welcome
[laughter] >> jon: all right. i just popped in here. i'm not exactly sure what the story is going on here, all the hubbub about the migraines and anything, but did i miss a larger previous issue or michele bachmann came out in favor of slavery? but, of course, my favorite, favorite one happened in the heat of a conversation. see if you can catch the statement of clarification that probably won't do fox news psychaiatrist and part-time lex luther impersonator keith ablow any good. >>...
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Jul 27, 2011
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comedy central >> jon: welcome to "the daily show"! my name is jon stewart. good show tonight! we got a nice one for you tonight. our guest tonight, npr's juan williams will be joining us. (cheers and applause) really? he's not there anymore? (laughter) well, i'll definitely ask him about that. (laughter) but we begin, of course, with our ongoing national crisis. (laughter and applause) one week, ladies and gentlemen, for our two parties to agree to raise the country's arbitrary debt limit for the 102nd time for the drop-dead august 2 catastrophic ultimatum we've already moved twice. (laughter) and so it was under these conditions that president barack obama interrupted a bachelorette's search for love... (laughter). ... to take that long walk down "we killed bin laden" lane. >> tonight i want to talk about the debate we've been having in washington over the national debt. >> jon: the debate we've been having? (laughter) is that what that noise out of washington's been? it sounded like an a elephant seal trying to (bleep) a truck! (laughter) actually, that footage is from a few
comedy central >> jon: welcome to "the daily show"! my name is jon stewart. good show tonight! we got a nice one for you tonight. our guest tonight, npr's juan williams will be joining us. (cheers and applause) really? he's not there anymore? (laughter) well, i'll definitely ask him about that. (laughter) but we begin, of course, with our ongoing national crisis. (laughter and applause) one week, ladies and gentlemen, for our two parties to agree to raise the country's arbitrary...
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Jul 13, 2011
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[laughter] >> jon: really? >> i don't make the rules, jon. jon >> jon: look. if even that guy raised taxes, doesn't that at least challenge the current republican belief system? >> cynics like you are always looking for doctrinal contradictions. >> jon: the rich now have way more wealth and income even since the 80s. republicans think tax cuts raise revenue, why not cut taxes to zero. >> jon, let me tell you parable. a holy man was in the desert and the multitudes came and said, we have no food. he said, here are five loaves and two fishes and so it was that the holy man and one of his friends sat down and ate a [bleeped] load of fish sandwiches. [laughter] >> jon: what about... [applause] what about the multitudes? >> what about 'em? are you suggesting that socialist redistribution of fish and bread? why punish the most successful fisherman? >> jon: look, i don't thi i understand this parable's message. how do the multitudes eat? >> that's not the holy man's problem. am i my brother's keeper? >> jon: that's a biblical saying. cain said that when he's trying t
[laughter] >> jon: really? >> i don't make the rules, jon. jon >> jon: look. if even that guy raised taxes, doesn't that at least challenge the current republican belief system? >> cynics like you are always looking for doctrinal contradictions. >> jon: the rich now have way more wealth and income even since the 80s. republicans think tax cuts raise revenue, why not cut taxes to zero. >> jon, let me tell you parable. a holy man was in the desert and the...
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Jul 28, 2011
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>> jon: but isn't that... isn't it easy to say that it's a very easy thing to do to dismiss it, not all organizations that claim to be partisan are as such and they're not all created equal and what is the thing that is stymieing the debate? or allowing it to be honest? what is it that's preventing, in your mind, the honest aspect of it? >> because i think people don't listen. i think that it's right now as i said people get locked into one perspective or another and, you know, it's part of what's going on. and gulf stream to web sites with other like-minded people. they even get into subgroups of that web site and if you're not exactly on target, you're a bad guy. if you don't agree with me, you're a traitor. the last book i wrote "enough" was about bill cosby and cosby saying "we've got problems in the black community, out-of-wedlock births, high dropout rates, acceptance of the drug culture. we have to stop this." and cosby, all of a sudden he was labeled a bad guy, he's airing dirty laundry. look at what's
>> jon: but isn't that... isn't it easy to say that it's a very easy thing to do to dismiss it, not all organizations that claim to be partisan are as such and they're not all created equal and what is the thing that is stymieing the debate? or allowing it to be honest? what is it that's preventing, in your mind, the honest aspect of it? >> because i think people don't listen. i think that it's right now as i said people get locked into one perspective or another and, you know, it's...
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Jul 26, 2011
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. >> jon: captain america! (cheers and applause) >> jon: let me get you caught up. while many americans were enjoying america's fast food sidewalks and justy dashboard steaks our country moved close ever to self-inflicted economic coulds la, something we have known has been companying for as long as we have been told, it's coming. >> treasury secretary tim geithner sut approximatinging a date on what says would be a national disaster, as early as parch 31st. >> we can give congress until the end of june. >> geithner says the nation will disolve on its dead july 8th. >> moved the drop dead date from july 8th to august 2 wnd if congress doesn't act by the second they will put our-- they will downgrade our credit, first time in history, and if that happens, are you going to see cat strafk damage across the american economy and across the global economy. >> jon: the only other catastrophe that's moved its date this often was spicerman turn off the darbling. (laughter) (laughter) 112th congress has been completely unable to muster a debt sealing agreement to avoid eye ho
. >> jon: captain america! (cheers and applause) >> jon: let me get you caught up. while many americans were enjoying america's fast food sidewalks and justy dashboard steaks our country moved close ever to self-inflicted economic coulds la, something we have known has been companying for as long as we have been told, it's coming. >> treasury secretary tim geithner sut approximatinging a date on what says would be a national disaster, as early as parch 31st. >> we can...
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Jul 26, 2011
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right there. >> jon: i tried that once. with him? >> with him. >> jon: jumped on. with another friend, vomited about 30 seconds. for me, that's like riding with the blue angels. that's like i'm never doing that again. you got to do it once. >> i have to say sincerely i was so impressed by him. i means that's a pretty bold move to go and perform at lincoln center singing, you know, sondheim in front of 3,000 people. and that's sort of out of his comfort zone and he was just really great at it. >> jon: i actually went and saw it live. it was tremendous. >> thank you. >> jon: and i thoroughly enjoyed all of you guys but i was stunned that you had-- i heard you had like two weekends to work on it. they put on a full production of company, like an 18 hour play -- >> it's not. >> jon: and you learned the singing and the dancing was extraordinary that you even had the time to put it together. >> once a year they like to do a semi staged concert version of a show as a gala. and this was frar from semi staged. i think they said that just to get us all to sign up. and then w
right there. >> jon: i tried that once. with him? >> with him. >> jon: jumped on. with another friend, vomited about 30 seconds. for me, that's like riding with the blue angels. that's like i'm never doing that again. you got to do it once. >> i have to say sincerely i was so impressed by him. i means that's a pretty bold move to go and perform at lincoln center singing, you know, sondheim in front of 3,000 people. and that's sort of out of his comfort zone and he was...